# Proterial to build $77M amorphous metal plant in Andhra Pradesh, India

Proterial will invest $77 million to build its first Indian production facility for iron-based amorphous metal in Sri City, Andhra Pradesh, with production starting in October 2026 and initial capacity of 30,000 tonnes per year.

- Type: New facility
- Announced: 2026-02-27
- Where: Sri City, Andhra Pradesh, India
- Value: $77.0M
- Jobs: 200
- Starts operating: Oct 2026
- Status: announced
- Capacity: 30,000 metric tonnes per year
- Products: amorphous metal
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Proterial Ltd.](https://endata.com/companies/71024.md)

## Sources

- [transformer-magazine.com](https://transformer-magazine.com/news/proterial-invests-77-m-in-india/), 2026-02-27: "Proterial will invest $77 M (12 B yen) to build its first production facility in India for energy-efficient amorphous metal."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.